Italy and Portugal lead post-Easter euro sovereign charge

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By Burhan Khadbai
06 Apr 2021

Italy and Portugal are the first two eurozone sovereigns out of the blocks for syndications following the Easter break, with the former looking to extend its curve by a further five years.

On Tuesday, Italy mandated Bank of America, Barclays, JP Morgan, Société Générale and UniCredit to lead a new 50 year euro benchmark, due March 2072, and a tap of the sovereign’s March 2028 bond.

The new 50 year bond extend Italy’s curve from ...

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